P/E ratio for Marathon Oil (MRO)
P/E ratio as of May 2023 (TTM): 5.58
According to Marathon Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.58463. At the end of 2021 the company had a P/E ratio of 13.1.
P/E ratio history for Marathon Oil from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.1 | -461.92% |
| 2020 | -3.63 | -115.86% |
| 2019 | 22.9 | 15413.85% |
| 2018 | 0.1475 | -105.87% |
| 2017 | -2.51 | -62.15% |
| 2016 | -6.64 | 72.01% |
| 2015 | -3.86 | -161.02% |
| 2014 | 6.33 | -55.54% |
| 2013 | 14.2 | -25.26% |
| 2012 | 19.0 | 170% |
| 2011 | 7.05 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | 4.12 | -26.28% | 🇬🇧 UK |
 ConocoPhillips COP | 8.08 | 44.62% | 🇺🇸 USA |
 Occidental Petroleum OXY | 4.39 | -21.47% | 🇺🇸 USA |
 Exxon Mobil XOM | 7.04 | 26.13% | 🇺🇸 USA |
 Chevron CVX | 8.23 | 47.33% | 🇺🇸 USA |
 Devon Energy
DVN | 5.10 | -8.60% | 🇺🇸 USA |
 Hess HES | 18.3 | 227.63% | 🇺🇸 USA |
 Murphy Oil
MUR | 4.35 | -22.03% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.